the increase of the president is double the amount that speaker boehner offered last year and many top republicans say the government should not be raising taxes on everyone. gerri willis is with us, in other than bill kristol said this will not kill us. he pointed out under president reagan taxes on the rich were 50 percent and that was the highest tax rate and we did well. >>gerri: what bill kristol said we would be okay if we raised taxes on people would on the other hand $1 million or more but not specifically addressing what the president said which is raising taxes on people who earn $250,000 or more which is opposed by some democrats here in new york city. >>shepard: no one wants to pay more taxes. what the president is doing he is not saying $250,000, to observers it sounds as if he is ready for compromise. he said he is ready for compromise. >>gerri: and today he met with a dozen corporate leaders from the biggest corporations, walmart, g.e. and chevron, at least six of them in the meeting today have already served on either the president's jobs council or other councils the p